GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Mahalaxmi Rubtech Ltd (BOM:514450) » Definitions » Cyclically Adjusted PS Ratio

Mahalaxmi Rubtech (BOM:514450) Cyclically Adjusted PS Ratio : 1.09 (As of Jun. 08, 2024)


View and export this data going back to 2001. Start your Free Trial

What is Mahalaxmi Rubtech Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Mahalaxmi Rubtech's current share price is ₹209.75. Mahalaxmi Rubtech's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹193.04. Mahalaxmi Rubtech's Cyclically Adjusted PS Ratio for today is 1.09.

The historical rank and industry rank for Mahalaxmi Rubtech's Cyclically Adjusted PS Ratio or its related term are showing as below:

BOM:514450' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.97   Max: 1.66
Current: 1.09

During the past years, Mahalaxmi Rubtech's highest Cyclically Adjusted PS Ratio was 1.66. The lowest was 0.33. And the median was 0.97.

BOM:514450's Cyclically Adjusted PS Ratio is ranked worse than
65.44% of 868 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.635 vs BOM:514450: 1.09

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Mahalaxmi Rubtech's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹-125.329. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is ₹193.04 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mahalaxmi Rubtech Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mahalaxmi Rubtech's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mahalaxmi Rubtech Cyclically Adjusted PS Ratio Chart

Mahalaxmi Rubtech Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.57 1.35 1.51

Mahalaxmi Rubtech Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.35 0.87 0.83 1.46 1.51

Competitive Comparison of Mahalaxmi Rubtech's Cyclically Adjusted PS Ratio

For the Textile Manufacturing subindustry, Mahalaxmi Rubtech's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mahalaxmi Rubtech's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mahalaxmi Rubtech's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Mahalaxmi Rubtech's Cyclically Adjusted PS Ratio falls into.



Mahalaxmi Rubtech Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Mahalaxmi Rubtech's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=209.75/193.04
=1.09

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mahalaxmi Rubtech's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Mahalaxmi Rubtech's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-125.329/153.0345*153.0345
=-125.329

Current CPI (Mar. 2024) = 153.0345.

Mahalaxmi Rubtech Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 28.316 94.103 46.049
201409 36.743 96.780 58.100
201412 45.370 96.780 71.742
201503 47.741 97.163 75.194
201506 46.835 99.841 71.788
201509 50.674 101.753 76.212
201512 40.526 102.901 60.270
201603 54.227 102.518 80.948
201606 52.309 105.961 75.547
201609 61.475 105.961 88.785
201612 50.941 105.196 74.107
201703 63.504 105.196 92.383
201706 60.636 107.109 86.635
201709 55.843 109.021 78.387
201712 42.439 109.404 59.364
201803 42.605 109.786 59.388
201806 35.664 111.317 49.030
201809 30.827 115.142 40.972
201812 30.486 115.142 40.519
201903 39.932 118.202 51.699
201906 40.063 120.880 50.720
201909 34.890 123.175 43.348
201912 29.549 126.235 35.822
202003 29.429 124.705 36.114
202006 7.916 127.000 9.539
202009 24.323 130.118 28.607
202012 29.370 130.889 34.339
202103 40.550 131.771 47.094
202106 26.554 134.084 30.307
202109 34.519 135.847 38.886
202112 43.840 138.161 48.560
202203 40.708 138.822 44.876
202206 56.033 142.347 60.240
202209 62.870 144.661 66.509
202212 62.284 145.763 65.391
202303 -116.099 146.865 -120.976
202306 61.268 150.280 62.391
202309 65.857 151.492 66.528
202312 70.246 152.924 70.297
202403 -125.329 153.035 -125.329

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Mahalaxmi Rubtech  (BOM:514450) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Mahalaxmi Rubtech Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Mahalaxmi Rubtech's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Mahalaxmi Rubtech (BOM:514450) Business Description

Traded in Other Exchanges
Address
Polytechnic Road, Mahalaxmi House, YSL Avenue, Opposite Ketav Petrol Pump, Ambavadi, Ahmedabad, GJ, IND, 380015
Mahalaxmi Rubtech Ltd is an Indian textile manufacturing company. The company has structured its operations into the following business segments - Rubber and Technical textiles Products, and Textile Products. The company's product portfolio comprises; printing blankets, textile printing blankets, rubber-coated fabrics, hydraulic seals, air cells, and technical textiles. The majority of the revenue accrues from the Textile products segment.

Mahalaxmi Rubtech (BOM:514450) Headlines

No Headlines